Civic Intelligence

The Learning Jet Inc.

990EZ • Fiscal year 2019 • EIN 45-3507557

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 22, 2020

770A Bayfield StreetSt Paul, MN 55107

(612) 781-2519

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

5th percentile

-102%

Higher net margin than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

35th percentile

-5.3%

Faster asset growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-86%

Faster revenue growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$409,471

Down $23,052 (-5.3%) from 2018

Net Assets

$409,471

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$22,509

Down $142,485 (-86%) from 2018

Expenses

Down

$45,561

Down $3,602 (-7.3%) from 2018

Net Income

Down

-$23,052

Down $138,883 (-120%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2018: $432,523Liabilities 2018: $02018Assets 2019: $409,471Net Assets 2019: $409,4712019Assets 2020: $367,170Liabilities 2020: $02020Assets 2023: $275,966Liabilities 2023: $02023Assets 2024: $249,209Net Assets 2024: $249,2092024

Highlighted filing

2019

Assets$409,471
Liabilities-
Net Assets$409,471

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2018: $164,994Expenses 2018: $49,163Net Income 2018: $115,8312018Revenue 2019: $22,509Expenses 2019: $45,561Net Income 2019: -$23,0522019Revenue 2020: $25,778Expenses 2020: $50,276Net Income 2020: -$24,4982020Revenue 2023: $17,154Expenses 2023: $53,707Net Income 2023: -$36,5532023Revenue 2024: $35,000Expenses 2024: $61,757Net Income 2024: -$26,7572024

Highlighted filing

2019

Revenue$22,509
Expenses$45,561
Net Income-$23,052
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 22, 2020
Return Version
2019v5.0
Gross Receipts
$22,509
Mission and Program Overview

Mission

The purpose of the organization is to help minnesota students succeed in school, mobilize future talent, and cultivate a workforce that is prepared to meet the transportation challenges of the future. The organization shall engage in programs and activities that educate and assist students with science, technology, engineering, and mathematics. The organization's goals are to increase student proficiency in stem subjects, with an emphasis on females or minority students, and to enhance the teaching of stem subjects in minnesota pk-12 schools.

Program Services

DescriptionGrantsExpenses
OVER THE PAST YEAR, THE LEARNING JET HAS HOSTED OVER 1,700 INDIVIDUALS TO INCLUDE GRADE SCHOOL THROUGH HIGH SCHOOL GIRLS AND BOYS AND SEVERAL PRIVATE MEETINGS. OUR GOAL IS TO GIVE ALL STUDENTS, INCLUDING THOSE WITH DISABILITIES, THE OPPORTUNITY TO LEARN ABOUT STEM SUBJECTS WITH AN EMPHASIS ON AVIATION AND AEROSPACE THEMES. WE HAVE ALSO PARTNERED WITH DELTA AIRLINES AND MINNEAPOLIS COMMUNITY COLLEGE FOR THE USE OF THE LEARNING JET AS A TRAINING AIRPLANE FOR STUDENTS ENROLLED IN THEIR AIRFRAME AND POWERPLANT DEGREE PROGRAM. WE HAVE PROVIDED THE LEARNING JET A BOEING 727 AND A ZENITH 601 AIRCRAFT FOR THOSE STUDENTS TO LEARN AND PRACTICE THEIR SKILLS TOWARD ACQUIRING THEIR FAA CERTIFICATION. THIS YEAR WE COMPLETED THE RENOVATION OF AN ADJACENT HANGAR INTO A MULTI-PURPOSE BUILDING WHICH INCLUDES PERMANENT BATHROOMS, A LARGE CLASSROOM WITH ALL THE AMENITIES, SMALL KITCHENETTE, MAIN OFFICE, ALONG WITH AN IMPROVED HANGAR FOR THE STUDENTS OF ALL AGES TO BE EXPOSED TO THE WORLD OF AVIATION.-$38,437
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANGIE OLSONBoard Member-$0--
CLINT KUMMERBoard Member-$0--
JANA WEBSTERBoard Member-$0--
PATRICK ZIMMERMANBoard Member-$0--
RICHARD BURROCKBoard Member-$0--
MIKE MADIGANBoard Member-$0--
DEAN GALEBoard Member-$0--
CARL CRIMMINSBoard Member-$0--
GREGG STRATHYBoard Member-$0--
DARLENE DAHLSEIDEPresidentPT$0--
STEVE HURVITZVice PresidePT$0--
MIKE SMITHTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
The Learning Jet LLC
EIN
45-3507557
Phone
6127812519
Address
770A BAYFIELD STREET, ST PAUL, MN 55107

Signing Officer

Name
Darlene Dahlseide
Title
President
Phone
6127812519
Signed
2020-09-22
Discuss with paid preparer
Yes

Preparer

Firm
Murry & Associates LLC
Address
7575 GOLDEN VALLEY RD STE 119, GOLDEN VALLEY, MN 55427
Preparer
Patrick Murry
Phone
7635469340
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & marketing 130 office and internet expense 500 office supplies and software 1,643 insurance expense 4,981 meals and entertainment 20 miscellaneous expense 234 program supplies & expens 5,787 total 13,295

Form 990-ez, Part III

The purpose of the organization is to help minnesota students succeed in school, mobilize future talent, and cultivate a workforce that is prepared to meet the transportation challenges of the future. The organization shall engage in programs and activities that educate and assist students with science, technology, engineering, and mathematics. The organization's goals are to increase student proficiency in stem subjects, with an emphasis on females or minority students, and to enhance the teaching of stem subjects in minnesota pk-12 schools.

Form 990-ez, Part III, Line 28

Over the past year, the learning jet has hosted over 1,700 individuals to include grade school through high school girls and boys and several private meetings. Our goal is to give all students, including those with disabilities, the opportunity to learn about stem subjects with an emphasis on aviation and aerospace themes. We have also partnered with delta airlines and minneapolis community college for the use of the learning jet as a training airplane for students enrolled in their airframe and powerplant degree program. We have provided the learning jet a boeing 727 and a zenith 601 aircraft for those students to learn and practice their skills toward acquiring their faa certification. This year we completed the renovation of an adjacent hangar into a multi-purpose building which includes permanent bathrooms, a large classroom with all the amenities, small kitchenette, main office, along with an improved hangar for the students of all ages to be exposed to the world of aviation.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & MARKETING 130 OFFICE AND INTERNET EXPENSE 500 OFFICE SUPPLIES AND SOFTWARE 1,643 INSURANCE EXPENSE 4,981 MEALS AND ENTERTAINMENT 20 MISCELLANEOUS EXPENSE 234 PROGRAM SUPPLIES & EXPENS 5,787 TOTAL 13,295
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PURPOSE OF THE ORGANIZATION IS TO HELP MINNESOTA STUDENTS SUCCEED IN SCHOOL, MOBILIZE FUTURE TALENT, AND CULTIVATE A WORKFORCE THAT IS PREPARED TO MEET THE TRANSPORTATION CHALLENGES OF THE FUTURE. THE ORGANIZATION SHALL ENGAGE IN PROGRAMS AND ACTIVITIES THAT EDUCATE AND ASSIST STUDENTS WITH SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. THE ORGANIZATION'S GOALS ARE TO INCREASE STUDENT PROFICIENCY IN STEM SUBJECTS, WITH AN EMPHASIS ON FEMALES OR MINORITY STUDENTS, AND TO ENHANCE THE TEACHING OF STEM SUBJECTS IN MINNESOTA PK-12 SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OVER THE PAST YEAR, THE LEARNING JET HAS HOSTED OVER 1,700 INDIVIDUALS TO INCLUDE GRADE SCHOOL THROUGH HIGH SCHOOL GIRLS AND BOYS AND SEVERAL PRIVATE MEETINGS. OUR GOAL IS TO GIVE ALL STUDENTS, INCLUDING THOSE WITH DISABILITIES, THE OPPORTUNITY TO LEARN ABOUT STEM SUBJECTS WITH AN EMPHASIS ON AVIATION AND AEROSPACE THEMES. WE HAVE ALSO PARTNERED WITH DELTA AIRLINES AND MINNEAPOLIS COMMUNITY COLLEGE FOR THE USE OF THE LEARNING JET AS A TRAINING AIRPLANE FOR STUDENTS ENROLLED IN THEIR AIRFRAME AND POWERPLANT DEGREE PROGRAM. WE HAVE PROVIDED THE LEARNING JET A BOEING 727 AND A ZENITH 601 AIRCRAFT FOR THOSE STUDENTS TO LEARN AND PRACTICE THEIR SKILLS TOWARD ACQUIRING THEIR FAA CERTIFICATION. THIS YEAR WE COMPLETED THE RENOVATION OF AN ADJACENT HANGAR INTO A MULTI-PURPOSE BUILDING WHICH INCLUDES PERMANENT BATHROOMS, A LARGE CLASSROOM WITH ALL THE AMENITIES, SMALL KITCHENETTE, MAIN OFFICE, ALONG WITH AN IMPROVED HANGAR FOR THE STUDENTS OF ALL AGES TO BE EXPOSED TO THE WORLD OF AVIATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MURRY & ASSOCIATES LLC
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ReturnHeader/ReturnTs02020-11-13T09:17:48-06:00
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ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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